Demurrage Coordinator

Entity:

Finance

Job Family Group:

Supply & Trading Group

Job Description:

It's an exciting time to join bp. Meeting the energy challenge requires many different approaches and solutions. And as part of Finance Business & Technology (FBT), you’ll be fully connected into the world of bp. You’ll play an increasingly important part within a network of like-minded colleagues partnering on strategic projects that stretch across the globe. And it starts with you. There’s a world of opportunities to build new skills, challenge yourself and grow a long-term career at bp. And no matter where you work, your role will have meaning, purpose and impact. So if you want to be part of a caring, supportive environment where you can realize your full potential, we’re with you.

Join our Supply, Trading & Shipping Team and advance your career as a

Demurrage Coordinator
 

Our supply and trading business, Trading & Shipping (T&S), connects BP to the world’s traded markets for oil, gas, power, refinery feedstocks and currencies. We market BP’s equity crude oil and natural gas, import feedstocks for our refinery system and buy products to meet marketing demand. We offer a combination of unique expertise in physical supply and trading, innovative financial structures, and world-class analytics to deliver long-term value, from wellhead to end customer.

In this role You will:

• Manage the incoming claims inbox. Acts as the first point of contact for external counterparties and internal stakeholders. Ensure all items in the inbox are reviewed and actioned in a timely manner.
• Create new claims and assignments to the relevant Demurrage Negotiator. Ensure no duplicate claims are created.
• Check financial details of claims in systems to ensure claims are assigned to the correct cost center/chain.
• Provide acknowledgement of received claims to counterparties. Claims must be acknowledged by the correct BP entity.
• Manage assessment and payment of all freight claims for barges.
• Assign all freight claims as soon as possible for review and payment within 3 days of hoses off for vessels.
• Manage Time Charter tracking process and ensure provisional claims are created.
• Prioritise received claims appropriately and flag to the relevant Negotiators where claims are approaching timebar and urgent action is required.
• Daily activity to enter key details of contract of affreightment calculator.
• Manage reference data & updates in demurrage systems as required.
• Run weekly/monthly reports to provide key data to the Demurrage Negotiators and Team Leads.
• Seek to add value by simplifying activity, or reducing workload for Negotiators.
• Upon request arrange courier to physical send claims to counterparties ensuring proof of delivery is obtained.
• Manage ad-hoc requests to obtain useful information for team, e.g. working with ports to understand port tariff charges, or managing interactions with physical document storage companies.

What You will need to be successful:

• Relevant university (economy or finance) degree
• 1-2 years global/ multi-national company work experience
• Interest in learning about the trading & shipping industry
• Fluent English knowledge and ability to communicate effectively verbally and in writing
• Good analytical & technical skills (MS Office)
• Good attention to detail, ability to prioritise, organize and multi-task
• Good problem solving, communication and interpersonal skills

At bp, we provide the following environment & benefits to you:

• Different bonus opportunities based on performance, wide range of cafeteria elements
• Life & health insurance, medical care package
• Flexible working schedule: home office up to 2 days / week, based on team agreement
• Opportunity to build up long term career path and develop your skills with wide range of learning options
• Family friendly workplace e.g.: Extended parental leave, Mother-baby room
• Employees’ wellbeing programs e.g.: Employee Assistance Program, Company Recognition Program
• Possibility to join our social communities and networks
• Chill-out and collaboration spaces in our beautiful Budapest Agora and Szeged offices e.g.: Play Zones, Office massage, Sport and music equipment

bp Hungary won the Most Attractive Employer 2024 Award, fourth time in a row based on the PwC annual research. Come and join us!

At bp, we support our people to learn and grow in a diverse and ambitious environment. We believe that our team is strengthened by diversity.

We are committed to fostering an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform crucial job functions, and receive other benefits and privileges of employment.

Travel Requirement

No travel is expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

Ancillary cost management, Commercial Acumen, Communication, Competitor intelligence, Customer service delivery excellence, Demurrage, Developing and implementing strategy, Group Problem Solving, Influencing, Inventory Management, Listening, Marine assurance, Mentoring, Negotiating, Shipping/transport, Supply chain management, Trade discipline and compliance, Trading and scheduling operations, Trading Fundamentals, Sentiment and Trends, Trading knowledge, Troubleshooting, Voyage operations

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Legal Disclaimer:

We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please  contact us .

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.